Anita purchased a bicycle at a cost of X 3200. She sold it at a loss of X 240. At what price did she sell the bicycle?

Options

A. X 2960
B. X 2690
C. X 3440
D. X 3360

Answer

To find the selling price of the bicycle that Anita sold at a loss, we can follow these steps:

### Step-by-Step Solution:

1. **Identify the Cost Price (CP)**:
- The cost price of the bicycle is given as Rs. 3200.

2. **Identify the Loss**:
- The loss incurred by Anita is Rs. 240.

3. **Use the Formula for Selling Price (SP)**:
- The formula to calculate the selling price when there is a loss is:
\[ \text{Loss} = \text{Cost Price} - \text{Selling Price} \]
- Rearranging this formula gives us:
\[ \text{Selling Price} = \text{Cost Price} - \text{Loss} \]

4. **Substitute the Values**:
- Now, substitute the values into the formula:
\[ \text{Selling Price} = 3200 - 240 \]

5. **Perform the Calculation**:
- Calculate the selling price:
\[ \text{Selling Price} = 3200 - 240 = 2960 \]

6. **Conclusion**:
- Therefore, the selling price of the bicycle is Rs. 2960.

### Final Answer:
- The selling price of the bicycle is Rs. 2960.